FreightWaves SONAR

MARCH 3, 2021

Let me share an example. We thought that pre-selecting the shipping method up stream at the moment of purchase would create efficiencies downstream: If we had a “known constant” then programmatic decision making downstream would be easier and faster. The importance of data.

Supply Chain Software 90

Supply Chain Software Supply Chains Data Optimization Software 90

Logistics Business Magazine

SEPTEMBER 13, 2022

Neil Adcock, Managing Director at Bis Henderson Consulting , reveals how to unlock the value hidden in returns data. To determine the appropriate returns strategy retailers need to understand what is going on and tapping into returns data may unlock some important insights. Getting hold of the data.

Data 56

Data Cost Reduction Purchasing Skills Sourcing Strategies 56

Logistics Viewpoints

JULY 17, 2024

Erwin highlighted the importance of real-time data accuracy and visibility. People, technology, and data are very important for their journey. The importance of employee ownership in driving cultural transformation and their acceptance of data-driven decision making within the organization was also emphasized.

Digital 158

Digital Procurement Analytics Manufacturing Procurement Modeling Software 158

Logistics Viewpoints

AUGUST 15, 2022

A MSCN is a collaborative solution for supply chain processes built on a public cloud – many-to-many architecture – which supports a community of trading partners and third-party data feeds. For example, one of the key decisions that a manufacturer needs to make is should they continue to buy goods from one of their suppliers.

Manufacturing Procurement 148

Manufacturing Procurement Procurement Analytics Optimal Sourcing ERP 148

Logistics Viewpoints

FEBRUARY 5, 2024

If a company short ships TVs, they are fined more than if they short ship soup, for example. The visibility solution must be built in such a way that it can download order quantity and inventory data from a customer’s systems. That data then gets put into an advanced ship notice for the retailer.

Supply Chain Design Software 164

Supply Chain Design Software Supply Chain Planning Software Procurement Analytics Purchasing Skills 164

Logistics Viewpoints

OCTOBER 24, 2024

SCCN solutions allow trading partners to collaborate across defined trading partner processes based on a common data model. For example, a buyer might say, “You only shipped me 800 of the 1000 products I ordered.” SAP’s Business Network is a supply chain collaboration network. And the supplier might reply, “I only agreed to ship 800.”

SAP 143

SAP Procurement Solutions Manufacturing Procurement Procurement Analytics 143

The Logistics of Logistics

MAY 12, 2021

Costco example: they sell different brands and market their brand Kirkland, which now accounts for approximately 25% of their revenue. For retailers, this is an avenue where they can build more intimacy with their customers and capture more data and loyalty. Ecommerce companies have data, retailers don’t. So, what is Costco?

Supply Chain Software 368

Supply Chain Software Logistics Network Optimization Software Procurement Solutions eCommerce 368

3PL Links

NOVEMBER 12, 2024

Solution: Use data-driven forecasting to predict demand as accurately as possible. Example: Retail giant Zara uses real-time data from its stores to adjust inventory dynamically. Example: Amazon’s fulfillment centers are famous for using robotics to streamline order processing and packing.

Cost Reduction 62

Cost Reduction Material Savings Supply Chain Software Supply Chain Planning Software 62

Ship Monk

MARCH 21, 2024

Customers are mostly anonymous, and purchases are made or abandoned, seemingly on a whim. Customer relationship management systems collect and centralize all the important data about a business’ customers (and potential customers). With most ecommerce businesses, however, the sales pipeline isn’t nearly as long or as hands-on.

Optimization Software 104

Optimization Software eCommerce Logistics Network Optimization Software Procurement Solutions 104

Logistics Viewpoints

NOVEMBER 18, 2024

Energy management solutions are products that energy utilities use to produce power and data centers use to consume power. By 2014, the company had purchased the Coupa solution, developed an internal modeling team, and created data extraction and cleansing routines. This is when the firm hired Mr. Botham.

Supply Chain Design Software 91

Supply Chain Design Software Supply Chain Design Supply Chain Software Supply Chain Planning Software 91

Logistics Viewpoints

MARCH 27, 2023

Organizations then convert those demand forecasts to the associated quantities of raw materials to purchase, goods to be manufactured, or finished products to ship. Demand forecasts are improved with access to downstream data (point of sale, Nielsen retail data, and access to competitor promotion schedules). This sounds obvious.

Supply Chain Planning Software 126

Supply Chain Planning Software Scenario Planning Optimal Sourcing Supply Chain Software 126

Logistics Viewpoints

AUGUST 23, 2021

Companies “seeking to increase data sharing and collaboration across their supply networks have faced three principal hurdles.” A SCCN is a collaborative solution for supply chain processes built on a public cloud – many-to-many architecture – which supports a community of trading partners and third-party data feeds.

Collaboration 172

Collaboration Supply Chain Planning Software Optimal Sourcing Modeling Software 172

GlobalTranz

JUNE 11, 2015

We conclude our series on supplier quality management (SQM) today with a look at some case studies and examples of benefits derived from the application of a supplier quality management system. Examples and Case Studies from the Implementation of a Supplier Quality Management System.

Supply Chain Planning Software 94

Supply Chain Planning Software Supply Chain Design Software Examples Case Study 94

Logistics Viewpoints

SEPTEMBER 20, 2022

In this blog, I’ll try to shed more light on it with examples from our work with our customers. Think of the Lego as the ultimate example of a composable toy. Examples of Composability in Supply Chain Planning Platforms. Here are some real-life examples from the trenches to demonstrate what I mean by flexibility and modularity.

Supply Chain Planning Software 131

Supply Chain Planning Software Supply Chain Software Scenario Planning Optimization Software 131

GlobalTranz

NOVEMBER 17, 2016

Supply chain leaders are enthralled with the idea of using big data, but they tend to fail to understand how to disseminate big data in their organization properly. True, they may know how to roll out big data in a single warehouse, or they may have heard their competitors used branded systems for implementing this new technology.

Supply Chain Design Software 115

Supply Chain Design Software Supply Chain Software Procurement Solutions Supply Chain Design 115

FreightWaves SONAR

MARCH 28, 2024

SONAR tickers: OTRI.CHI, OTVI.CHI, VOTLT.CHI SONAR’s brokerage customers utilize multiple data sets to determine where the greatest opportunities lie as different markets experience volatility. For example, Baltimore is seeing rejections and more outbound tenders than much of the western U.S.:

Outbound 59

Outbound Procurement Analytics Data Capacity 59

Logistics Bureau

JULY 11, 2022

These KPIs should all be applicable to your supply chain operation, subject to some tweaking to reflect the precise characteristics of your inbound logistics and purchasing functions. This measurement will require data from the purchase orders placed by your buyers, and that from your receiving operation. ASN Accuracy.

Procurement Analytics 108

Procurement Analytics Procurement Solutions Purchasing Skills Inbound 108

GlobalTranz

NOVEMBER 18, 2016

Big data applications are already impacting supply chain entities around the globe, but some of its most interesting possibilities may have yet to be realized. However, the current progression of big data does give rise to some very tangible benefits to your company within the next five years. 6 Benefits to Using Big Data Applications.

Supply Chain Planning Software 89

Supply Chain Planning Software Data Material Savings Manufacturing Procurement 89

Ship Monk

APRIL 5, 2024

The process involves collecting quantitative and qualitative data concerning vendor-provided goods and services, and analyzing this data for opportunities to improve (or reasons to end) the relationship. Adding an SRM layer simply forces you to analyze this data once in a while, and use the information to improve your business.

Negotiate Pricing 104

Negotiate Pricing Negotiating Skills eCommerce Purchasing Skills 104

GlobalTranz

NOVEMBER 21, 2017

In a recent study, MIT found that companies that focus on 5 key initiatives to improve their supply chain data can have a big impact on their bottom line. Obstacles to fully utilizing analytics included inaccurate data , cost, and lack of timely data. Supply chain data initiatives need a top-down mandate.

Supply Chain Software 69

Supply Chain Software Procurement Analytics Supply Chains Data 69

Logistics Viewpoints

OCTOBER 17, 2024

An example of this is Vendor Management Inventory and Capacity Collaboration for contract manufacturing. Ensuring that collaborative forecasts, VMI and OTIF data is captured through execution platforms and utilized as part of S&OP and S&OE is critical.

Supply Chain Planning Software 144

Supply Chain Planning Software Manufacturing Procurement Supply Chain Design Software Optimal Sourcing 144

Logistics Viewpoints

MAY 23, 2022

The devices will improve visibility by transmitting data on a real-time basis from each container. Tracking devices from Nexxiot and ORBCOMM are being installed that will provide location data based on GPS, measure temperature, and monitor any sudden shocks to the container. It has so many data points.”.

Supply Chain Planning Software 143

Supply Chain Planning Software Optimal Sourcing Supply Chains Procurement Solutions 143

MTS Logistics

APRIL 21, 2023

New Georgia Ports Authority data shows that the port handled 1,184,387 twenty-foot equivalent container units (TEUs) in the first quarter of 2023. When we compare Georgia Ports Authority data to other busy container ports in the U.S., When we compare Georgia Ports Authority data to other busy container ports in the U.S.,

Handling 77

Handling Data Purchasing Examples 77

Logistics Viewpoints

JUNE 13, 2024

In our picking example, you would begin by analyzing the entire warehouse to identify where the bottleneck or constraint occurs. One example in the warehouse could be optimizing the path taken by pickers. our warehouse example, you would adjust the other elements of the picking process to support and align with the bottleneck.

Optimization Software 175

Optimization Software Optimization Modeling Optimization Modeling Software 175

Freightos

MARCH 23, 2016

Here at Freightos, we’re big fans of making global logistics work better by bringing data online (and especially instant freight quotes!). And, like many other logistics startups , we’re particularly enthusiastic about how Big Data can change the way goods are moved around the world. Getting Smart With Logistics Big Data.

Data 49

Data Logistics Network Optimization Software Supply Chain Software Modeling Software 49

GlobalTranz

MAY 1, 2018

Data-driven analytics enables you to make cost-effective transportation decisions. However for most shippers, parcel spend is poorly understood because shipping data is often locked up in point solution silos, such as carrier-provided systems and websites, in a variety of different formats. But no longer.

Procurement Analytics 61

Procurement Analytics Optimal Sourcing Data Sourcing Strategies 61

GlobalTranz

AUGUST 20, 2018

Data analytics can be applied to virtually any supply chain process, and analytics hold great value in managing retail supply chains. Defining retail needs is not an easy process, but data is king and can help companies sift through the needs and wants of customers, reports Arthur Zaczkiewicz of WWD.

Procurement Analytics 48

Procurement Analytics Supply Chain Design Software Data Manufacturing Procurement 48

Logistics Viewpoints

SEPTEMBER 19, 2022

A MSCN is a collaborative solution for supply chain processes built on a many-to-many architecture which supports a community of trading partners and third-party data feeds. Nulogy, for example, is a platform for collaboration between consumer goods brands and their copacker and comanufacturing partners. Then there is FourKites.

Supply Chain Design Software 99

Supply Chain Design Software Supply Chain Design Supply Chain Software Supply Chains 99

FreightWaves SONAR

NOVEMBER 9, 2020

This week, learn how freight market participants, especially trucking carriers , rely on both the Ultra-Low Sulfur Diesel Rack (ULSDR) data index and the FUELS index to measure diesel fuel price volatility and to understand its impact on their operations and the freight market at large. What are the ULSDR data and FUELS indices?

Purchasing Skills 52

Purchasing Skills Price Reduction Data Cost Reduction 52

SYSPRO Smarter ERP

MAY 2, 2024

We are starting to see document recognition services in AI which automate tasks such as invoicing, purchase orders and bank reconciliations. Although machine learning models have been in place for some time, they are now becoming much more prevalent because of the high volumes of data in ERP systems.

ERP 59

ERP Supply Chain Planning Software Modeling Software Optimization Software 59

Logistics Viewpoints

MAY 3, 2021

An SCCN can also access pertinent third-party data feeds. Solutions that fall under the definition of SCCN would include EDI VANs (electronic data interchange value added networks), industry marketplaces, and collaborative supply chain applications that are built on public cloud architectures. That improves warehouse operations.

Supply Chain Software 141

Supply Chain Software Supply Chains Manufacturing Procurement Optimal Sourcing 141

Logistics Business Magazine

AUGUST 1, 2024

Additionally, another pressure comes from customers, who are now choosing to purchase products and services from businesses that are committed to sustainability. For example, fleet monitoring, driver support systems, and eco-driving can reduce GHG emissions as well as fuel costs by as much as 20% at the same time.

Material Savings 58

Material Savings Cost Reduction Supply Chain Planning Software Logistics Network Optimization Software 58

Logistics Viewpoints

MAY 3, 2023

Third, what is the impact of real-time data on supply chains? Whilst they are classed as indirect purchases, this procurement category plays an essential role in day-to-day operations. For example, for parts that would typically arrive in five days, you might get a lead time of five weeks.

Supply Chain Design 110

Supply Chain Design Supply Chains Scenario Planning Procurement Solutions 110

SYSPRO Smarter ERP

APRIL 26, 2023

An ERP system brings financial, manufacturing, and business data into one central place so staff and management can have a complete view of how different business areas are working in real-time. Data from the system can then be used to track how corrective actions are making improvements.

Manufacturing Procurement 98

Manufacturing Procurement Optimal Sourcing ERP Supply Chain Design Software 98

Logistics Viewpoints

JUNE 8, 2022

For example, in a recent CNBC interview Ben Bernanke noted that the Federal Reserve likely looked at the unemployment rate and total employment in early 2021 and inferred that there was plenty of slack in the labor market. For example, interest rate hikes tend to deter lower priority investments and those that require debt financing.

Scenario Planning 148

Scenario Planning Analysis Events Purchasing Skills 148

Logistics Viewpoints

DECEMBER 1, 2023

The top gifts were clothes and accessories, which about half of those surveyed purchased, and toys, which nearly a third of people surveyed bought. homes in 2022 than UPS, after eclipsing FedEx in 2020, and it is on track to widen the gap this year, according to internal Amazon data and people familiar with the matter.

Supply Chain Planning Software 156

Supply Chain Planning Software Logistics Network Optimization Software Cost Reduction Food and Agriculture 156

EazyStock

JUNE 16, 2022

For example, navigation apps, facial recognition, smart assistants, and even robot vacuum cleaners at home use this smart tech. AI can adapt in near-real-time to changing conditions and develop new knowledge by processing more data and revealing more patterns and trends than humans can. AI was once only seen in science fiction.

Supply Chain Software 52

Supply Chain Software Optimization Software Supply Chains Inventory Reduction 52